Morgain options Mexican deposit
Toronto-based Morgain Minerals (VSE) has been granted an option to acquire a 100% interest in the Cuatro Hermanos property, a copper-molybdenum prospect southeast of Hermosillo in Sonora, Mexico. Unde…
News
U.S. ROUNDUP — St. George completes Dean construction
Despite some startup delays, St. George Metals (VSE) recently began heap-leaching operations at its Dean underground gold mine in Nevada’s Battle Mountain district. The company is operating under a pi…
MINER BRIEFS — Stratmin mica
Stratmin (ME) reports that a university in Belgium has extracted and concentrated a mixture of muscovite-phlogopite mica from a sample taken from tailings at Stramin’s Lac-des-Iles graphite property n…
PRODUCER PRICES (November 23, 1992)
ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
U.S. ROUNDUP — Remediation plan for Asarco plant
An agreement on a proposed remediation plan for the 106-year-old Globe metals processing facility and surrounding areas has been reached with the state of Colorado, Asarco (NYSE) says. Asarco would un…
Rhonda, Aaron secretive about plans
Joint venture partners Rhonda Mining (ASE) and Aaron Oil (ASE) may or may not have started to drill-test a diamond target this month on their Fort a la Corne property near Prince Albert, Sask. Peter G…
Cyclone samples Somerset claims
The first four samples taken from outcropping kimberlites on Cyclone Capital’s (VSE) Somerset Island claims in the Northwest Territories have been crushed, concentrated and will be sent to John Gurney…
Price plunge may trigger more Inco cuts
If the nickel market continues to deteriorate, further production cuts could be in store at Inco’s (TSE) operations, says Chairman Michael Sopko. “We cannot carry the rest of the industry,” he told an…
NEWS ROUNDUP — Metall to sell Teck shares
Metall Mining (TSE) has announced a secondary offering of five million class B subordinate voting shares of Teck (TSE). The offering will net Metall about $93.8 million which will be used to help fina…
Ontario seminar on Indian lands
The current state of mining and prospecting on Indian lands was the topic of a recent seminar hosted by the Sault and District Prospectors Association. The lands are administered under the Robinson Hu…
Mining among key issues in Yukon election
Mining became a much larger issue in the recent Yukon election than it has been in the past, says the managing director of the Yukon Chamber of Mines. Rob McIntyre said the chamber helped raise mining…
MINER BRIEFS — Minproc, Hugo
Minproc Engineers of the U.S. and Australia and Hugo Petersen of Germany have agreed to combine their expertise and resources. Minproc will design and construct sulphuric acid plants and related turn-…